China is looking a little ruff this morning
Chinese Stocks Suffer Second Biggest Crash In History, 1,500 Companies Halted Limit Down
http://www.freerepublic.com/focus/f-news/3317069/posts
On that market the problems I see are high volatility and gov’t distortion. Long term returns aren’t that bad as current levels are still up from last Jan. Only time I’m interested in Chinese stocks tho is when they list in the U.S.
China is sort of like a HUGE version of Texas... they do everything BIG over there.
They're new to this 'capitalism' stuff.... but, they've learned how to create a bubble. And, they've made a DOOZY! And, it's a poppin.
I still haven't figured out, for sure... if they're going to drag the rest of the world down with them. I'm not sure our financial connections are all that deep just yet... other than them owning a LOT of our debt.
Hard to believe we won't feel many side effects.